The Revenue Department has notified imposition of definitive anti-dumping duty on imported Viscose Staple Fibre (VSF) excluding bamboo fibre from China and Indonesia, following the recommendation of this levy by the Designated Authority in the Commerce Ministry in the third week of May.
VSF is a man-made, bio-degradable fibre with characteristics akin to cotton. As an extremely versatile and blendable fibre, VSF is widely used in apparels, home textiles, dress material, knitted wear and in non-woven applications too.
Accordingly, it is notified that imported VSF excluding bamboo fibre from the Indonesian firm PT South Pacific Viscose would attract a definitive anti-dumping duty of $0.103 a kg, while the other Indonesian firm PT Indo Bharat Rayon would have to shell out a definitive anti-dumping duty of $ 0.164 a kg. Any other manufacturer from Indonesia or sourcing exports through Indonesia would attract an anti-dumping duty of $0.512 a kg.
In the case of China, all exporters and also those manufacturers using China as an export base would have to pay a definitive anti-dumping duty on VSF excluding bamboo fire of $0.194 a kg.
In another notification, the Revenue Department has given effect to the recommendation of the Designated Authority by notifying the provisional anti-dumping duty on imported Poly Vinyl Chloride Paste Resin from a number of countries.
PVC Paste Resin is produced from Vinyl Chloride monomer and is produced and sold as white or off-white powder. It is used in artificial leather (Rexene), coated fabrics, tarpaulins, conveyer belt, toys, automotive sealant or adhesives.
While manufacturers/exporters from China or those who use China as an export base would have to pay a provisional anti-dumping duty on PVC Paste Resin of $110.96 a tonne, Japanese firm Kaneka Corporation as manufacturer and Mitsui and Co as an exporter or any other Japanese firm using Japan as an export base would have to pay an anti-dumping duty of $111.63 a tonne. In the case of Malaysia, its manufacturer Kaneka Paste Polymers Sdn Bhd and exporter Mitsui & Co (Asia Pacific) Pte Ltd Malaysia would have to pay an anti-dumping duty of $304.32 a tonne and all other manufacturers or exporters from Malaysia would have to pay an anti-dumping duty of $608.57 a tonne.
The South Korean manufacturer/exporter Hanwha Chemical Corporation would have to pay a provisional anti-dumping duty of $89.18 a tonne even as LG Chem Ltd is exempt from the anti-dumping duty.
Source: The Hindu Business Line, India (July 30th 2010)